ABUJA General Electric said on Thursday it has handed over the leadership of a consortium chosen to run a Nigerian rail concession to South Africa's Transnet after the U.S. company spun off its transport business.
ABUJA, Nov 12 Nigeria's telecoms regulator has
cleared Teleology's takeover of 9mobile, the country's fourth
biggest operator, ending a long bidding process for the
debt-laden company that started a year ago, Teleology said on
ABUJA, Nov 9 Nigeria's Diamond Bank
said on Friday that no investors had come forward to inject cash
into the company and that its board was reviewing all strategic
ABUJA/LAGOS, Nov 8 Nigerian officials will go on
a roadshow to London next week ahead of a planned $2.8 billion
Eurobond sale this month, two banking sources told Reuters on
LAGOS/ABUJA, Nov 8 Nigeria's central bank plans
to meet four lenders of telecoms company MTN to discuss
a dispute over a $8.1 billion fund transfer, after a court
adjourned the case, a banking source said.
LAGOS HSBC and UBS have closed their offices in Nigeria, the country's central bank said in a report on Friday as it revealed foreign investment had fallen sharply from a year ago.
* Economic outlook dwarfed by 2019 election fears
(Adds details of banks' liquidity tests)
LAGOS, Oct 30 A Lagos judge on Tuesday adjourned
a hearing in a $10.1-billion dispute between South African
telecoms firm MTN Group and Nigeria's central bank
until Dec 4.
* CEO says bank not in any formal talks with any party
(Adds comment from fund manager)
ABUJA, Oct 26 Nigeria is confident of resolving
a $10.1 billion dispute with telecoms firm MTN and
sending a positive signal to foreign investors worried about the
country's demand for the money, its trade and investment
minister told Reuters.